When 27-year-old Lee Gornall and his fiancee Paige Augar saw posters for a block of new-build flats just around the corner from her grandmother’s house in Catford, South East London, they thought their prayers had been answered. With a wedding planned for next year, they are desperate to get on the housing ladder and start […]
Less than a month after the Bank of England hiked the base rate to 0.75 per cent, mortgage lenders are continuing to slice the rates on deals offered to borrowers. Among a spate of price cuts, a number of new deals have launched for borrowers looking to buy with a 5 per cent deposit. HSBC […]
Millions of hard-pressed savers have been left in the dark over whether they will benefit from the increase in the Bank base rate. Although it is 24 days since the Bank of England sanctioned a 0.25 percentage point rise in its base rate to 0.75 per cent, more than three-quarters of savings providers have still […]
The bosses of Britain’s top housebuilders have cashed in £300million worth of shares between them over the past year. Our analysis of share sales by building bosses comes as fears rise of a downturn in the market. Upmarket housebuilder Berkeley Group’s founder and chairman Tony Pidgley, a former Barnardo’s boy, has sold £65million of shares […]
Despite a slowdown in London’s property market, stark house price disparities remain across the country, according to research published today. A square metre of property in Westminster costs nearly ten times as much as it does in the town of Aberdare in the valleys of South Wales, according to a report from Halifax. The former […]
James and Daisy Callahan had just exchanged contracts on their dream home and were weeks away from moving in with their two-year-old child. But before the transaction was complete and they got the keys, a catastrophic water leak ruined the house, causing more than £45,000 worth of damage. Although their purchase had not yet finished, […]
The number of first-time buyers and home movers fell in the months leading up to the interest rate change, the latest figures from trade body UK Finance have revealed. While the market saw a year-on-year decline in the numbers of both movers and first-time buyers, figures for June show remortgaging in the month was up […]
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